Friday, August 01, 2008

Even though the day was choppy, there were some great scalping opportunities for Day Traders.There was a considerable divergence in strength seen in the Russell 200o compared to the SP500 the last 2 days.For the week, the SP500 finished up 0.56% & the Russell 2000 finished up 1%.2yr bond future ZF vs. Dow Jones future YM.I traded the first 2 hours, catching a good long off the bottom and a good short on ZB playing an inverse pair strategy between bonds and stocks.I use the simulator account to place trades to get a better feel for which contracts may be a better long or short.Checkout TokyoTrader for a recap on July's Virtual Office Performance.